Rail Vikas Nigam Limited (RVNL) has received a Letter of Award (LOA) from NMDC Limited for comprehensive refurbishment work at strategic locations in Chhattisgarh. The project involves refurbishment of permanent way of NMDC sidings and mobile equipment tracks including maintenance at Kirandul and Bacheli facilities.

Project Specifications

The LOA details reveal comprehensive project parameters for the refurbishment work:

Regulatory Compliance

RVNL has made the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this work falls within the normal course of business operations. The contract does not involve any related party transactions and maintains arm's length dealing principles.

Strategic Significance

The project focuses on refurbishment of permanent way infrastructure for NMDC sidings and mobile equipment tracks, critical components for mining operations efficiency. Both Kirandul and Bacheli represent strategically important locations for NMDC's mining activities in Chhattisgarh, making this infrastructure upgrade essential for operational continuity.

The 36-month execution timeline indicates the comprehensive nature of the refurbishment work, covering extensive railway infrastructure maintenance and upgrades. This contract reinforces RVNL's expertise in specialized railway infrastructure projects for industrial clients.

Business Impact

The ₹952.7 million contract value represents a significant addition to RVNL's order book, demonstrating the company's continued success in securing major infrastructure contracts. The project strengthens RVNL's relationship with NMDC Limited, one of India's leading mining corporations, potentially creating opportunities for future collaboration in railway infrastructure development.

Rail Vikas Nigam Limited has announced a key senior management appointment, naming Shri Baldev Singh as Executive Director (Civil) effective March 12, 2026. The appointment was communicated to stock exchanges in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Appointment Details and Terms

Shri Baldev Singh has been provisionally appointed in the E-9 grade under the CPSE (IDA) pay scale, with his appointment running until superannuation. The selection was made against Vacancy Notice No. 2025/RVNL/42-CIVIL dated November 13, 2025.

Professional Background and Experience

Baldev Singh brings extensive experience to his new role as an IRSE officer of the 1996 batch, currently at NFHAG - Level 15. With over 27 years of experience in Indian Railways, he has handled diverse assignments across multiple domains of railway operations and infrastructure development.

His career highlights include:

• Track and bridge maintenance operations
• Construction of tunnels and buildings
• Contract management and mechanised track maintenance
• Service as Chief Vigilance Officer/Engineering in N.F. Railway
• Experience as ADRM and Sr. Divisional Engineer
• Project execution in PPP/EPC projects

Major Infrastructure Initiatives

Throughout his career, Singh has led several significant infrastructure projects that demonstrate his expertise in large-scale railway development. His notable contributions include involvement in the Rani Kamlapati (Habibganj) station redevelopment project and the Gandhinagar station-hotel project, along with extensive work in large-scale track renewals and restoration projects.

Transition Process

The appointment follows Singh's technical resignation from Railway Service, which was accepted by the Railway Board through letter No. 2025/E(O)-II/16/15 dated February 26, 2026. He was relieved from East Central Railway on March 11, 2026, and reported for duty at RVNL on March 12, 2026. The company has indicated that a separate pay fixation order will be issued for the new Executive Director.

This appointment strengthens RVNL's senior management team with Singh's extensive experience in railway infrastructure development and project management, particularly in civil engineering aspects of railway operations.